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Research Overhead Recovery and Revenue Distribution Policy

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Subject:

This Policy implements the strategic plan goal for strengthening faculty research and scholarship. This Policy applies to all externally funded grants and contracts (sponsored program activities) that generate recovery of Overhead or Facilities and Administration (F& A) Costs for the university and the faculty in academic units that performed the work under the grant or contract. The distribution of Overhead or F & A Costs recovered are accounted for on a fiscal year basis.

Responsible Executive:

Chief Financial Officer, Vice President & Treasurer

Responsible Office(s):

Office of Finance and Treasurer

Related Policies:

• Establishment of Centers, Institutes and Other Scholarly Initiatives Policy
• Internally Designated Faculty Research Accounts Policy
• Cost Sharing Policy

Effective:

March 1, 2015

Last Revised:

May 17, 2022